Crypto “bot” trading hurting market reputation and individual investors
February 01, 2018 BY Valentina Kirilova

Overstock.com and tZERO Advisors launch robo-advisor digital investment platform

Overstock.com (NASDAQ: OSTK) announced the launch of a digitally driven investment platform, powered by tZERO Advisors, within the online retailer’s FinanceHub™. This service introduces robo-advising investment management services to our millions of customers and continues Overstock’s commitment to bridging Wall Street and e-commerce,” said Patrick M. Byrne, Overstock’s founder and CEO. Overstock currently delivers world-class…

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Michael Cunningham Invast Global
February 01, 2018 BY LeapRate Staff

Invast Global adds KPMG partner and risk expert Michael Cunningham as non-executive Director

Australia based boutique multi-asset prime broker Invast Global has announced the appointment of ex-Citigroup, Goldman Sachs Treasurer and former KPMG Partner Michael Cunningham as a Non-Executive Director to its Board of Directors. ASIC licensed Invast Global is a subsidiary of Jasdaq-listed Invast Securities Co. Ltd. (TYO:8709), and has grown over the past few years to…

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January 31, 2018 BY Mariela Naydenova

Russia's Sberbank opens a cryptocurrency exchange in Switzerland

The largest state bank in Russia, Sberbank, has taken serious steps into introducing a cryptocurrency exchange in Europe through its Swiss branch, Sberbank Switzerland AG, local media group RBC said on Tuesday Jan. 30. The reason for the bank's choice to open the exchange in Switzerland is the fact that right now, cryptocurrency transactions and operations…

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Digix lists on Korean exchange to boost its local market presence
January 31, 2018 BY Mariela Naydenova

South Korea just "put salt on the wounds" of Bitcoin investors

On January 23rd, South Korea's Financial Services Commission confirmed in a statement that all Bitcoin investors and traders would need to do future business dealings though real-name bank accounts in order to "reduce room for cryptocurrency transactions to be exploited for illegal activities, such as crimes, money laundering and tax evasion." Right after the news hit…

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The world’s largest crypto IPO postponed
January 31, 2018 BY Valentina Kirilova

SEC halts alleged Initial Coin Offering scam

The Securities and Exchange Commission (SEC) informed that it has obtained a court order halting an allegedly fraudulent initial coin offering (ICO) that targeted retail investors to fund what it claimed to be the world’s first “decentralized bank.” According to the SEC’s complaint, filed in federal district court in Dallas on Jan. 25 and unsealed…

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FXCM UK
January 31, 2018 BY LeapRate Staff

Exclusive: Management changes at FXCM, Juan Cafe promoted to COO

LeapRate Exclusive... LeapRate has learned that FXCM Group has made some senior management changes, as the company continues to shift its operating focus to London, under FXCM CEO Brendan Callan. The primary change involves the promotion of longtime FXCM US employee Juan Cafe to the #2 position in the company. Mr. Cafe will be COO…

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